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Carlyle to Invest in China Fishery Group

By

Dinny McMahon And

Gaurav Raghuvanshi

Updated June 30, 2010 12:01 a.m. ET

(Please see Corrections and Amplifications below.)

BEIJING—Carlyle Group has agreed to invest US$190 million in China Fishery Group Ltd., the Hong Kong-based company said, in the latest move by a private-equity company to tap into China's growing agriculture sector.

In a private placement, Carlyle will buy 113.5 million new shares in...